NY Fed report says Americans pay for almost all of Trump's tariffs, water is wet

Bradskii said:

Eggs dispel my argument that Trump has done zip for your manufacturing base? That next to none of the recent small increase in employment was anything to do with manufacturing? That Trump lied when he said he was going to bring 'millions' of manufacturing jobs back to the US? That argument?

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Honestly, this reminds me of a comedy skit a ticked off regular soldier did during the American Civil War. He climbed atop a railway car and did his impression of a militiaman, starting with his complaint he’d been in the militia for three days and hadn’t been granted a furlough. Construction of manufacturing isn’t done with the wave of the hand. As a case in point is a plant under construction that’s been in the works for…well, about a year. Only now is the DOT starting work on the extra lanes needed. The site is still bare dirt. The solar panel field I mentioned elsewhere has been in the works longer, and only now is the ground ready to build them. Work started on the necessary transmission line less than a month ago. Since both have been under construction a year and more without hiring any employees, should the promised employment after completion be considered a lie?

This isn’t about Trump. This isn’t about tariffs. This is about how long it takes to build things. That holds true regardless of who’s president or if there’s tariffs. And the only time I’ve seen construction expedited, it still took about two years, and that’s with a project fast tracked.

Tuur said:

This isn’t about Trump. This isn’t about tariffs. This is about how long it takes to build things. That holds true regardless of who’s president or if there’s tariffs. And the only time I’ve seen construction expedited, it still took about two years, and that’s with a project fast tracked.

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From PolitiFact: Trump overstates pace of factory construction

'Trump said, "We right now have more factories and plants being built in our country than we've ever had before."

Factory construction remains at a high level compared with recent history, but most of the increase came under Biden, and there are signs that that boom has faded under Trump, particularly when measured by overall spending on construction of manufacturing facilities, which experts say is a key metric.'

In other words, it was going well until he took over. Now it's not. And the biggest movement in the automotive industry is EVs. But from here: 10 Major U.S. Factories: Openings and Cancellations in 2025

'According to E2, an environmental group, 16 clean energy and EV-related projects worth $8 billion were canceled in Q1. By May, that figure rose to $15.5 billion, wiping out an estimated 12,000 jobs that would have come with those projects.'

Yet...

'Still, several large-scale manufacturing investments are forging ahead, signaling where U.S. industrial growth may be strongest over the next decade.'

But this is a direction that Trump doesn't want to go. He is against renewables. He is against EVs. He denies global warming. He is encouraging fossil fuel use. From here: Trump repeals landmark climate finding

'President Donald Trump's administration has revoked a formal scientific finding that has been the central basis for US action to fight climate change. The Obama-era "endangerment finding" served as the legal basis for federal climate regulations, setting limits on greenhouse gas emissions.

It determined that carbon dioxide and other greenhouse gases threatened public health and welfare. Curbs on vehicle emissions have also been axed.'

He is marching in the opposite direction to the rest of the planet (and the US public - see below). It can be clearly stated that a lot of companies are doing their best to help US manufacturing despite Trump. Not because of him. From here: Analysis: Trump takes victory lap after biggest climate rollback yet

'In the US, 63% of Americans say they are worried about global warming, compared to 37% who say they are not worried, according to a 2024 study by the Yale Program on Climate Change Communication.'

Roll on the mid terms...

Yeah, about CO2 "determined" to be a health hazard:

You do realize that this was due to a legal decision in Massachusetts vs EPA in 2007. Right? And right now, after the cold weather we had in January, AGW is a hard sell.

Excuse me: Had to delete a snarky comment. Make that two. Make that three.

Anyway, don't worry: I'm quite sure that if a factory goes up, the Democrats will be sure to give Joe Biden credit.

Tuur said:

Yeah, about CO2 "determined" to be a health hazard:

You do realize that this was due to a legal decision in Massachusetts vs EPA in 2007. Right?

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No, the problems associated with a rise in CO2 is a scientific fact.

Tuur said:

And right now, after the cold weather we had in January, AGW is a hard sell.

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Only to those ignorant of what climate change involves.

Tuur said:

Yeah, about CO2 "determined" to be a health hazard:

You do realize that this was due to a legal decision in Massachusetts vs EPA in 2007. Right? And right now, after the cold weather we had in January, AGW is a hard sell.

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How to tell everyone you do not understand climate change without saying you do not understand climate change.

7thKeeper said:

How to tell everyone you do not understand climate change without saying you do not understand climate change.

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Bradskii said:

View attachment 376674

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I thought of the exact same thing.

7thKeeper said:

I thought of the exact same thing.

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We had a similar idiotic stunt in Australia. The guy brought a lump of coal into parliament and was going 'Ooh, coal. It's so dangerous!'

I'm embarresed to say he somehow got elected Prime Minister a few years later. But not for long.